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02-11-2021, 12:32 PM #11
- Join Date
- Mar 2019
- Posts
- 254
I agree that most funders charge an origination fee but i don't agree that the reason is because "why not charge if everyone else is charging".
The O / UW Fee is for funders to cover some of their upfront costs and to possibly cover some of the broker's upfront commission.
Brokers make an upfront risk free commission, while day one the funder is in the hole the funding amount + the commision.EPIC ADVANCE
Mark@epic-advance.com
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